Rockville, US, 2018-Jun-01 — /EPR Network/ — The rapidly expanding hosiery market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as “Hosiery Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” which noticeably examines the prospects of the global hosiery industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.

Increasing prevalence of leg disorders such as schlerotherapy treatment has revved up demand for hosiery products across the healthcare industry. Moreover, growing prevalence of leg injuries and muscle damage is predicted to boost demand for hosiery products across the fitness industry. Due to these factors, the global market of hosiery is projected to witness considerable growth during the predicted period. Consumption of compressed hosiery products is high in the sports industry due to growing risks of leg injury, blood clots, and muscle damages globally. Fitness professionals and athletes prefer wearing compressed hosiery products as compared to cotton socks as it could lead to blood clots, trap moisture, and blisters. These factors are expected to contribute towards global market growth of hosiery throughout forecast period.

Socks to Remain a Leading Segment

Body stockings among other products is predicted to witness a relatively high CAGR growth in the global market of hosiery throughout 2022. Compression stockings is projected to reflect the second highest CAGR growth in the global market of hosiery during the predicted period. Socks among other products is projected to represent the highest revenue growth, representing over US$ 5,000 Mn in terms of value by the end of 2022. The stockings segment will represent the second highest revenue growth among other products in the global market of hosiery by 2022 – end.

The economic price range products is projected to represent a value of over US$ 9,200 Mn in the hosiery market globally by the end of 2022. This segment is predicted to witness the highest revenue growth in the global market. Mid-range among other price range segment is predicted to reflect the second highest revenue growth by 2022 – end. The super-premium range among other prices will register a relatively high CAGR growth in the global market through 2022.

APEJ to Represent a Leading Market

APEJ among other regions is projected to represent the largest market for hosiery products globally. Consumption of socks and stockings is predicted to remain high in the APEJ hosiery market throughout 2022. In terms of demographics, women segment in APEJ is projected to contribute significant towards growth of the hosiery market during the predicted period. This segment is projected to reflect the highest revenue growth in APEJ market through 2022.

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